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$238,000 + SAV | Profitable Dessert Restaurant For Sale

For Sale: $238,000





Business Overview

Established in 2018, this highly successful dessert bar/restaurant generates amazing owner earnings of $3,591 per week, which is circa $186,000 per annum.


Known for its delicious 'Instagram-worthy' desserts, the restaurant prides itself on quality and creative food, which includes burgers, savoury crepes, signature desserts, thick shakes, and much more.


The owner has invested a substantial amount of capital into an amazing fit-out of the premises, giving it a clean vibrant feel.


The rental price for the premises is excellent value at $946 per week along with a 5 + 5 year lease option.


There are major opportunities to increase revenue through increased trading, which could include breakfast and/or lunch offerings. Currently, the business only operates 5-6 hours each evening.


The owner is selling due to family circumstances and is willing to provide an extensive handover/training period to ensure the success of the new owner.



Features

  • Owner earnings of $3,591 per week

  • Excellent lease terms

  • Financially sustainable during COVID-19 restrictions

  • Extended trading hours growth opportunities

  • Established franchise

Financials

  • NET Revenue: $10,763

  • Cost of Goods: $3,214

  • Gross Profit: $7,550

  • Annual Rent: $946

  • Expenses: $6,618

  • Add Backs: $1,820

  • PEBITDA: $3,591


*Weekly financials